We've seen really really crazy amount of liquidation in the derivative margets where just over 24hours period there has been $374 million in liquidation. Thats like insanely high and one of the top liquidation was SHIBA ! LoLzzzzz ...
The market seems to be bouncing back .. how strong ?? Not too sure .. who knows it could be the last hurrrah !!!!!
What I do know is that over the pass 1 hour .. there has been a lot of people placing their LONGs in the markets and those who are in the SHORTs needs to really really beware as these whales would just try to push BTC & ETH to a new ATH ??? ( just speculating )
Oh well .. have a great day ahead and keep trading safely !! Don't trade what you can't afford to loose.
Cheers
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A game of longs and shorts and temporary wins.
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so true
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I guess these are days where centralized exchanges (CEX) makes lots of money
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oh yes ! mostly CEX. I guess we could see a large spike in DEX derivitives like DyDx in the near futures
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